The bill modifies the conditions for the use of funds generated from special license plates in Washington State, specifically amending RCW 46.68.420. It establishes a framework for the distribution of proceeds from special license plate fees, which includes a deduction for administrative costs and a detailed reporting requirement to the state treasurer. The proceeds will be credited to various accounts designated for specific purposes, such as supporting 4-H programs, cancer research, scholarships for students, and various community initiatives. Notably, the bill updates the amounts deducted for initial and renewal issues from "twelve dollars" and "two dollars" to "$12" and "$2," respectively, and specifies that up to 25% of certain funds will be allocated to various programs, including the Washington world fellows program and the boundless Washington program.

Additionally, the bill emphasizes that funds from the Seattle Seahawks and Seattle Mariners accounts must be used primarily for administering their respective programs, with at least 90% of the funds allocated to fellowships and direct services for youth participants. It also clarifies that only the director or their designee may authorize expenditures from the accounts, which are subject to allotment procedures but do not require an appropriation for expenditures. The bill aims to ensure that the funds raised through special license plates are effectively utilized to support a range of community-focused initiatives and programs across the state.